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New7 days ago

1170 Shore Lane

Wasaga Beach, Wasaga Beach

$1,350,000

Detached|Chalet
2 | 1 | 5
About this home

Prime Sandy Beachfront home on a 50 ft x 205 ft of prime sandy beachfront and beautiful views of Georgian Bay. The home has open concept great room with vaulted high ceilings and kitchen area + dining nook with floor to ceiling windows for a great view of Georgian Bay. Main floor also has 3 pc. bath, foyer & wood fireplace. 2nd level has 2 bedrooms + sunroom. Lower level has the laundry room + storage area with lower ceilings. Single car garage with extra storage area. Adjoining (2) two vacant lots also available 50' x 202 with sewer, water and natural gas at lot line. Subject to Probate and possible severance if sold separately . Call today for details.

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Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
StyleChalet
Approx. Age16-30
Size1100-1500 sq. ft.
Property Tax$11,720
Lot Size50 ft x 202 ft
mls© NumberS13724358
Listed ByRE/MAX By The Bay Brokerage

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$6,910
Property tax
$977
Heat allowance
$150
Housing costs
$8,037 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $270,000
25-yr amortization

Income needed

$247,000

gross annual household income

Payment at 4%
$5,681 / mo
Cash down
$270,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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